. >> everybody tells us the middle class has been squeezed because of globalization and technology, because of market forces, impersonal forces. when i dug into this and started to look back, what i found out what really happened, back when you were working for tip o'neill as speaker of the house, that was when there was a power shift. louis powell, who was a corporate attorney named to the supreme court by richard nixon, actually wrote a memo and said, we're getting killed. business is getting killed politically by the environmental movement, by the labor movement, by the women's movement, by the consumer movement, ralph nader and those guys. he said, business you have to get to washington, take to high ground. and sure enough, literally within months, the business roundtable was formed, national association of manufacturers moved their headquarters to washington. there were 175 companies when powell wrote his memo, that had lobbying offices in washington. several years later, there were 2,400, 50,000 people working for business trade. they stuffed the consumer movement. they got deregulat